WDC - Western Digital Corporation
| Previous Close | 69.25 |
| Open | 67.72 |
| Bid | 67.21 x 800 |
| Ask | 69.65 x 1800 |
| Day's Range | 67.01 - 68.43 |
| 52 Week Range | 35.61 - 72.00 |
| Volume | 2,652,294 |
| Avg. Volume | 5,024,411 |
| Market Cap | 20.42B |
| Beta (5Y Monthly) | 1.83 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -4.04 |
| Earnings Date | Apr 26, 2020 - Apr 30, 2020 |
| Forward Dividend & Yield | 2.00 (2.87%) |
| Ex-Dividend Date | Apr 01, 2020 |
| 1y Target Est | 79.77 |
- Business Wire
Western Digital Powers Mobile Applications in the 5G Era
Western Digital Powers Mobile Applications in the 5G Era
- Business Wire
Western Digital Board Declares Quarterly Dividend
Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a quarterly cash dividend of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on April 17, 2020, to the company's stockholders of record as of April 3, 2020.
- Zacks
Why Western Digital (WDC) Might be Well Poised for a Surge
Western Digital (WDC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- Zacks
Stocks Climb, Uber Earnings Preview & A New Strong Buy Tech Stock - Free Lunch
The latest U.S.-China trade war news. Quarterly earnings results from the likes of Twitter. The episode then dives into an Uber Q4 earnings preview, before it closes with why Western Digital is a Zacks Rank 1 (Strong Buy) stock...
- Business Wire
Western Digital to Present at Upcoming Investor Conferences
Western Digital Corp. (NASDAQ: WDC) today announced participation in two upcoming investor conferences:
- Zacks
Is Western Digital (WDC) Stock Outpacing Its Computer and Technology Peers This Year?
Is (WDC) Outperforming Other Computer and Technology Stocks This Year?
- Thomson Reuters StreetEvents
Edited Transcript of WDC earnings conference call or presentation 30-Jan-20 10:00pm GMT
Q2 2020 Western Digital Corp Earnings Call
- GuruFocus.com
US Markets Advance on Monday
Sysco shares decline on 2nd-quarter results Continue reading...
- Investor's Business Daily
Stocks To Buy: Is It Time To Buy Or Sell These Large-Cap Stocks?
Looking for stocks to buy? Get analysis of large-cap stocks like Amazon, Alibaba and Dow Jones stocks GE and Microsoft to see if it's time to buy — or sell.
- Barrons.com
Apple, Intel, and Other China-Exposed Stocks to Buy on the Dip
These large-cap developed-markets stocks generate at least 15% of their sales from China and could be vulnerable if worries around the coronavirus and Chinese economy escalate, says Citigroup.
- Business Wire
Western Digital Announces Sale of ActiveScale Business to Quantum
Western Digital enters into a definitive agreement to sell its sell its ActiveScale™ product line business to Quantum Corp.
- Zacks
Western Digital (WDC) Q2 Earnings Top, Revenues Lag Estimates
Western Digital's (WDC) second-quarter 2020 results benefit from product additions. However, softness in NAND flash pricing trends and decline in client HDD remain a headwind.
- Zacks
Factors Setting the Tone for Seagate's (STX) Q2 Earnings
Seagate's (STX) second-quarter fiscal 2020 results are likely to reflect strength in enterprise HDD sales amid stiff competition from Western Digital.
- Investor's Business Daily
Dow Jones Falls On Coronavirus Fears; Amazon Leads 3 Stocks Flashing Buy Signals
Dow Jones futures fell on coronavirus fears. Amazon stock surged on earnings, leading 3 stocks flashing possible buys. IBM CEO Ginni Rometty is leaving.
- TheStreet.com
Western Digital Gets Love From Analysts Following Q2 Beat
Analysts at Benchmark, Wells Fargo, Longbow and Mizuho weighed in positively on data-storage specialist Western Digital.
- Barrons.com
Western Digital Stock Is Soaring After Earnings. Here’s Why.
Third-quarter guidance was well above previous expectations, the key driver being improving prices for flash memory.
- MarketWatch
Western Digital stock climbs after results show 'earnings power on the rise'
Shares of Western Digital Corp. are up 4.7% in premarket trading Friday after the company issued an upbeat earnings forecast the prior afternoon. "There isn't much here to dislike - the tone of the call was one of the best we have heard all earnings season," wrote Cowen & Co. analyst Karl Ackerman. "Most notably, the company articulated it expects NAND [gross margins] will progress toward its long-term target of 35-40% in the second half of C2020, as the company should be a primary beneficiary of improving supply/demand dynamics and faster than expected share gains in enterprise [solid-state drives]." He reiterated his outperform rating and $88 target price. Susquehanna's Mehdi Hosseini said that Western Digital's "earnings power [is] on the rise" as he now expects annualized earnings per share of about $8 by the end of 2020 and $10 by the end of 2021. Hosseini rates the stock at positive while hiking his target to $100 from $90. Shares have risen 30% over the past three months, as the S&P 500 has risen 8%.
- Zacks
Western Digital (WDC) Surpasses Q2 Earnings and Revenue Estimates
Western Digital (WDC) delivered earnings and revenue surprises of 10.71% and 0.49%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- Investor's Business Daily
Western Digital Earnings Top Estimates; Stock Climbs
Western Digital earnings topped Wall Street estimates and matched on revenue for the provider of memory chips and disk drives. Western Digital stock rose in after-hours trading.
- MarketWatch
Western Digital shares rise 6% on narrowing losses
Western Digital Corp. shares rose 6% in after-hours trading Thursday after the data-storage provider reported second-quarter earnings largely in line with Wall Street expectations. Western Digital said it lost $139 million, or 47 cents a share, in the quarter, compared with a loss of $487 million, or $1.68 a share, in the year-ago second quarter. Revenue was flat at $4.2 billion year-over-year. Analysts surveyed by FactSet had expected a loss of 25 cents a share on sales of $4.2 billion. Western Digital shares are up 48.8% over the last 12 months. The S&P 500 index has gained 21.4% the last year.
- Business Wire
Western Digital Announces Financial Results for Second Quarter Fiscal Year 2020
Western Digital Corp. (Nasdaq: WDC) today reported revenue of $4.2 billion for its second fiscal quarter ended January 3, 2020. Operating income was $50 million with a net loss of $139 million, or ($0.47) per share. Excluding certain non-GAAP adjustments, the company achieved non-GAAP operating income of $333 million and non-GAAP net income of $187 million, or $0.62 per share.
- Business Wire
Western Digital Extends Storage Leadership With BiCS5 3D NAND Technology
Western Digital Corp. (NASDAQ: WDC) today announced that it has successfully developed its fifth-generation 3D NAND technology, BiCS5, continuing the company’s leadership in delivering the industry’s most advanced flash memory technologies. BiCS5, built on triple-level-cell (TLC) and quad-level-cell (QLC) technologies, delivers exceptional capacity, performance and reliability at a compelling cost. This makes it ideal to address the exponential growth of data associated with connected cars, mobile devices and artificial intelligence.
- Newsfile
eTopus Technology to Demonstrate Storage System Utilizing ePHY IP Based on Western Digital 100Gb NVMe-oF(TM) Bridge ASIC at DesignCon2020
Santa Clara, California--(Newsfile Corp. - January 30, 2020) - Western Digital's (NASDAQ: WDC) industry-leading NVMe-oF™ Bridge ASIC and NVMe-oF Bridge Adapter Card provide low latency, low power and high IOPS silicon solutions for the revolutionary Composable Disaggregated Infrastructure (CDI). The Ethernet connection is powered by eTopus Technology's 28Gbps ePHY IP. eTopus Technology will have a live demo of Western Digital's ASIC product at DesignCon 2020 (Booth 539), Santa Clara Convention Center, Jan. 29-30, 2020.Western ...
- Investing.com
Western Digital Offers Sunnier Outlook on Memory Demand as Earnings Beat in Q2
Western Digital (NASDAQ:WDC) reported on Thursday second-quarter results that beat analysts' forecasts and offered up a sunnier outlook on chip demand for the year ahead. Western Digital had reported EPS of $0.34 on revenue of $4.04B in the previous quarter. “The December quarter results reflect strong execution in our product roadmap, success in increasing our hard drive gross margin, and an improving flash market,” said Steve Milligan, chief executive officer, Western Digital.
